Browse Episodes

BONUS: Yuval Harari – Unedited Conversation

When we talked with historian Yuval Harari, the best-selling author of Sapiens, Homo Deus, and 21 Lessons for the 21st Century, the conversation was so wide-ranging and so smart that we just couldn’t bear to leave any of it behind on the cutting room floor. So here’s the full, unedited interview on a range of topics including why our society has fallen so hard for the myth of trickle-down economics.   

Do higher wages kill jobs?

Trickle-downers always argue that raising the minimum wage inevitably kills jobs. But the empirical evidence from Seattle, Los Angeles, and elsewhere prove otherwise. Experts, including Mayor Garcetti of LA, discuss how our economic understanding has changed, and why changing the public perception around the minimum wage has been so difficult.

Eric Garcetti: Mayor of Los Angeles since 2013. Former member of the LA City Council, serving as council president from 2006 to 2012. 

Twitter: @ericgarcetti 

Alan Krueger: Bendheim Professor of Economics and Public Affairs at Princeton. Former Chairman of President Obama’s Council of Economic Advisers and a member of the Cabinet from 2011 to 2013. Co-author of ‘Myth of Measurement: The New Economics of the Minimum Wage’ and ‘Inequality in America: What Role for Human Capital Policies?’. 

Twitter: @Alan_Krueger

Richard Kirsch: Director of Our Story at the Hub for American Narratives. Led development of Progressive Economic Narrative Project and has done extensive training with organizational leaders and elected officials on delivering powerful narratives.

Twitter: @_RichardKirsch

Further reading: Raising the Minimum Wage Is Good for Everyone

Seattle’s $15 Minimum Wage Experiment Is a Success

Do regulations kill growth?

Deregulation for the powerful is a central tenet of the trickle-down myth, embraced by Democrats and Republican alike. Government regulations, we’re told, are costly and inefficient intrusions that slow grow and kill jobs. But Robert Reich explains that when thoughtfully applied, regulations are absolutely essential to growing a safe, secure, and broadly prosperous economy.

Robert Reich: Chancellor’s Professor of Public Policy at UC Berkeley and Senior Fellow at the Blum Center for Developing Economies. Served as Secretary of Labor in the Clinton administration. Author of fifteen books, including ‘The Common Good’. Co-creator of the documentaries ‘Inequality for All’ and ‘Saving Capitalism’.

Twitter: @RBReich

Facebook: Robert Reich

Further reading: Robert B. Reich: How Trump’s war on regulation is trickle-down economics

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.